$505,000
SOLD MAY 22, 2025
10 Beds
8 Baths
4,240 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • Carpet
  • Evaporated cooling system

About This Home

As of May 2025

Investor Special! Prime Income Opportunity – Well-Priced Four-Plex with Strong Rental History Seize this rare opportunity to own a high-potential four-plex in a prime in-town location, close to shopping and other conveniences. With a consistent history of occupancy and strong rental demand, this multi-unit property is an excellent addition to any investment portfolio. While the building could benefit from maintenance and updates, its competitive pricing versus recent sales allows for built-in equity and flexible renovation options. Investors and owner-occupants alike can pick and choose improvements to maximize cash flow and long-term appreciation. Each unit offers a functional layout, and with the right updates, this property can significantly increase its rental income. Whether you're looking for a value-add investment or an opportunity to customize a multi-family property to your vision, this four-plex is a must-see! Don’t miss out—schedule a showing today and explore the income potential firsthand!

Last Agent to Sell the Property

Shanon Secrest

NEXTHOME VIRTUAL License #FA100047580 Listed on: 04/01/2025

NEXTHOME VIRTUAL

Last Buyer's Agent

Luis Arreola

PROPERTY PROFESSIONALS License #FA100088520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,698

Year Built

  • Built in 1981

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 71 x 101 x 154 x 118
  • Irregular Lot

Home Design

  • Quadruplex
  • Side-by-Side
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Schools

  • Nisley Elementary School
  • Bookcliff Middle School
  • Central High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Septic Tank

Community Details

  • 4 Units
  • 4,240 Sq Ft Building
  • Sunrise Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2943-082-25-007
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,698

Year Built

Built in 1981

Lot Details

10,454 Sq Ft Lot

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Multi Family
  • Elevation: 4662
  • Gas Company: Xcel
  • Heating Type: Forced Air
  • How Built: Site Built
  • Lot Dimensions: 71 x 101 x 154 x 118
  • Lvt Date: 04/01/2025
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Available
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Paved
  • Style: 2 Story
  • Taxes: 1698.07
  • Tax Year: 2024
  • Total Acres: 0.24
  • Type: Fourplex
  • Water: City Water
  • Zoning: RMF-8
  • Total Building Sq Ft: 4240
  • Display On Internet: Yes
  • Design: Side By Side
  • Year Built: 1981
  • Directions: From 29 Road and Patterson Road, head south to Dawn Drive. Property will be on the south side of Dawn Drive.
  • Subdivision Name: Sunrise Gardens
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 10
  • Appliances: Dishwasher-All, Electric Range/Oven-All, Garbage Disposal-All, Microwave Built-In-All, Refrigerator-All, Washer Hookup, Dryer Hookup
  • Basement Foundation: Slab
  • Floor: Carpet, Vinyl
  • Bathrooms: 8
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: City of GJ
  • Laundry: W/D Hookups In All Units

Schools

  • Elementary School: Nisley
  • High School: Central

Lot Info

  • Lot Description: 0' - 75' Frontage, Irregular Lot
  • Lot Size: A: 0-0.24
  • Parcel Number: 2943-082-25-007
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 4

MLS Schools

  • Middle School: Bookcliff
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2025 05/22/25 Sold $505,000 +1.0% $119 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $499,900 -- $118 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,659 $21,890 $4,870 $17,020
2023 $1,659 $21,890 $4,870 $17,020
2022 $1,513 $19,500 $4,080 $15,420
2021 $1,509 $20,510 $4,290 $16,220
2020 $1,269 $17,480 $3,580 $13,900
2019 $1,162 $17,480 $3,580 $13,900
2018 $1,142 $15,420 $3,240 $12,180
2017 $1,113 $15,420 $3,240 $12,180
2016 $1,068 $16,650 $3,180 $13,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20251329

Grand Junction Area REALTOR® Association

APN: 2943-082-25-007

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